FP&A

When embracing better-practice, balancing risk to return can be complex and choosing a path that delivers high business value, with minimum disruption is not always easy. Whether saving costs or improving revenue, FP&A digital transformation projects must provide strong gains in productivity and effectiveness. If you have been through sluggish ERP and CRM implementations, you may have seen how far ...

When I hear or read that artificial intelligence (AI) is “disrupting” financial planning and analysis, I tend to challenge the premise. The word “disrupt” means to me to interrupt, alter or destroy the structure of something. I look at AI (or really all technology for that matter) as having the potential to enhance and/or improve the FP&A function. Semantics? Maybe. ...

I always enjoy addressing the question, “What do you think will be the biggest/most important/most impactful trends in FP&A of the coming year”? It gives me a chance to pause and review all the places I’ve been, all the CFOs I spoken with, and all the companies I’ve worked with over the past twelve months, to refine and distill what ...

Whether you work for a government agency, a high-tech company or a service provider, your organization must plan its annual budget. While many members of your organization might be familiar with planning or budgeting software, the set of activities to create, control and update the budget is known as the budget process. Digitalization is tactical – automating activities, for example, ...

A good FP&A solution embraces the power of AI and should already have incorporated it into its technology. Over the past few years, the concept of Artificial Intelligence or ‘AI’, has finally been accepted into the mainstream and is dominating conversations around the world. With the rapid emergence of cognitive computing and machine learning, AI had been sitting in the ...

Part one of our blog series explored how people are the driving force behind the digital transformation and how it is fueled by artificial intelligence and machine learning. We also took a first look at how fp&a and business intelligence professionals can start to derive tangible value from these technologies for Enterprise Performance Management. Now, we will take a deeper ...